Rotork plc (OTCMKTS:RTOXF – Get Free Report) was the recipient of a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 371,920 shares, an increase of 83.6% from the May 14th total of 202,516 shares. Based on an average daily trading volume, of 15,866 shares, the days-to-cover ratio is presently 23.4 days.
Rotork Trading Up 3.3%
OTCMKTS RTOXF opened at $4.20 on Wednesday. The firm’s 50 day simple moving average is $4.20 and its 200 day simple moving average is $4.43. Rotork has a 1 year low of $3.70 and a 1 year high of $5.24.
About Rotork
Rotork is a global provider of precision flow control equipment, specializing in the design, manufacture and distribution of industrial actuators, gearboxes and associated control systems. Its core product portfolio includes electric, pneumatic and hydraulic actuators, as well as manual gearing solutions, each engineered to automate and regulate the movement of valves, dampers and other critical process equipment.
Beyond its actuator range, Rotork offers a suite of instrumentation and control products, such as smart positioners, telemetry modules and condition-monitoring systems, designed to enhance process safety and efficiency.
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